He emphasized that the success of the transition in the energy sector requires progress in both economic growth and climate action
Al Jaber: The UAE is a reliable supplier of the least emissions-intensive types of oil and gas
Sultan Al Jaber: "We are continuing to work to reduce emissions in all economic activities in the country."
Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, and Special Envoy of the UAE for Climate Change, said that while the UAE continues its role as a reliable supplier of the world's least emissions-intensive oil and gas, it is working to reduce it by an additional 25% before the end of 2030 .
Al-Jaber added in an article published by the Project Syndicate media platform entitled “A realistic and ambitious transformation in the energy sector”: “As the first country in the Middle East and North Africa region to announce a strategic initiative in pursuit of climate neutrality by 2050, we are continuing to work on reducing emissions from all economic activities in the country.
He continued, "We have established the region's first program to capture, use and store carbon on an industrial scale, and the Abu Dhabi National Oil Company (ADNOC) is working to secure the electricity needs of its operations from peaceful nuclear and solar sources that are free of emissions."
Al Jaber stressed that the contribution of renewable energy amounted to more than 80% of the total new production capacity of electricity during the past year, which is a clear indication that the transformation in the energy sector is proceeding with rapid steps.
He stated that recent global events have made it clear that the immediate abandonment of the current energy system, before building a new system capable of meeting global needs, jeopardizes both economic growth and progress in climate action, as well as raises questions about our ability to achieve a just and equitable transition for all.
He said: «From our point of view, the success of the transformation in the energy sector requires progress in both economic growth and climate action, and that this transformation be based on scientific, economic and engineering facts, and the rapid implementation of solutions, in addition to a clear awareness of the challenges facing the transformation process, and to achieve Therefore, we need a comprehensive approach that benefits from the experiences of all sectors and segments of society, including the expertise, capabilities and capabilities available in the current energy system.”
Al Jaber explained that the UAE owns three of the largest solar power plants in one location in the world, has invested in renewable energy projects in more than 40 developed and developing countries, and plans to expand its portfolio of renewable energy projects to reach 100 gigawatts of production capacity by 2030.
"We have invested in peaceful nuclear energy and are focused on laying solid foundations for an integrated value chain for hydrogen as a necessary factor in achieving climate neutrality," he said.
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